HOOVER UNIT

HOOVER UNIT is a Texas gas lease in Hood County, Railroad Commission district 09, operated by Quicksilver Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 516,287 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $123K, with roughly $19K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 841 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 2,604 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about HOOVER UNIT

Who operates HOOVER UNIT?
HOOVER UNIT is operated by Quicksilver Resources Inc., Railroad Commission of Texas operator number 684830.
Where is HOOVER UNIT?
HOOVER UNIT is a Texas gas lease in Hood County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 244044.
Is HOOVER UNIT still producing?
HOOVER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOOVER UNIT is August 2026.
How much has HOOVER UNIT produced?
HOOVER UNIT has reported 516,287 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
How much is HOOVER UNIT worth?
The remaining production from HOOVER UNIT is estimated to be worth about $123K in total as of 26 August 2026, within a range of $96K to $150K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOOVER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOOVER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOOVER UNIT is an estimate of value, not an offer and not an appraisal.
How much income does HOOVER UNIT generate in a year?
HOOVER UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOOVER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HOOVER UNIT as filed with the Railroad Commission of Texas
OperatorQuicksilver Resources Inc.
FieldNewark, East (Barnett Shale)
CountyHood County, Texas
RRC district09
Lease number244044
Wellbores1
Reported production516,287 mcf
First reported
Last reported
Estimated royalty value$123K

Where HOOVER UNIT sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.